According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.39% per year. Prices in 1995 are 1055.3% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,155.26 in 1995, a difference of CA$1,055.26 over 57 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||1055.26%|
|Average inflation rate||4.39%|
|Price difference (CA$100 base)||CA$1,055.26|
|CPI in 1938||7.6|
|CPI in 1995||87.8|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1938 dollars in 1995 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 24 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-1995.